OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

2 years ago I kept thinking AAPL was so expensive. I was new to investing and didn't have a lot of money to invest. Said **** it and to hell with it.
Since then it has more than doubled. I ****ing wish I purchased more.

There are always going to be opportunities missed, but as long you keep making smart decisions you are good.

I don't like thinking of missed opportunities. My portfolio is green and thats what matters.
 
Just dropping in for a quick intro.

Just started maybe a month ago. No real moves yet, bought a couple and played with a couple options to test, which I knew what TDA offered before I did.
Still learning through RH, TDA (which is amazing, they give you so much information), Trading Fraternity and a couple others.

Should have been doing this years ago. It's already in my job title SMH

How do you guys go about setting strategies and watchlists? Does volitility mean much when you are creating strats? Are your watchlists tailored to a specific category; ENERGY, AUTO, ENTERTAINMENT etc or by some other method?

I'll be on the first page of the thread if anyone needs me.
 
Follow the market leaders is the best advice someone can give you. Why follow a sector that constantly underperforms the market or has terrible margins when you have stocks pulling in insane recurring revenue?
 
In my eyes, it's never too late to invest in the top dog of a certain category unless there's somebody threatening to take their place. Show me a company that can knock off Facebook when it comes to social media, McDonalds when it comes to fast food, Google when it comes to searching the internet, Apple when it comes to tech, Walmart when it comes to shopping in person or Amazon when it comes to shopping online.
 
In my eyes, it's never too late to invest in the top dog of a certain category unless there's somebody threatening to take their place. Show me a company that can knock off Facebook when it comes to social media, McDonalds when it comes to fast food, Google when it comes to searching the internet, Apple when it comes to tech, Walmart when it comes to shopping in person or Amazon when it comes to shopping online.
Very true. Still hoping for Tesla $500 again
 
In my eyes, it's never too late to invest in the top dog of a certain category unless there's somebody threatening to take their place. Show me a company that can knock off Facebook when it comes to social media, McDonalds when it comes to fast food, Google when it comes to searching the internet, Apple when it comes to tech, Walmart when it comes to shopping in person or Amazon when it comes to shopping online.
Love this. Growth + brand + size = safest bet
 
Say what you want but the fed is taking draconian measures to preserve the system from collapsing in on itself. I personally would let the zombie corps go down but the contagion risk as we saw in 08 is real. Portnoy is making a mockery of markets. The stock market is a tool to create and generate wealth for people. It’s a tremendous opportunity. He is treating it the same way you treat your allowance at the casino when you turn 21. Portnoy’s reckless behavior is dangerous because he’s introducing ignorant people to a game that is designed to humble you if you are reckless. Instead of taking his platform and teaching people how to generate wealth, he’s making a fool out of himself and building up a brand that will snake back into gambling when the cache of the market wears off and people blow their money on their foolish bets and gambles instead of growing their money through wise, fundamental investments. There’s plenty of ways to learn how to make money, it’s definitely not easy, but if you do your research and pick outstanding companies, you’ll survive over the long haul. Picking scrabble tiles out of a bag and mimicking Buffett will result in damage that is far worse than what the Fed does to the average person watching Portnoy’s videos. I despise the sideshow that douche is creating.
 
Good thread on ROKU


If they continue their growth trend here and dominate international, it’s a $1,000 stock. Let’s see how things go. Definitely prefer their system over Samsung’s (I have a samsung tv as well) and they don’t charge OEM’s to use their software so they should continue to attract higher end brands looking to reduce costs.

On a different note

Importance of maintaining perspective. Nothing to panic about at the moment, can be defensive, but we’re not broke down.
 
Good thread on ROKU


If they continue their growth trend here and dominate international, it’s a $1,000 stock. Let’s see how things go. Definitely prefer their system over Samsung’s (I have a samsung tv as well) and they don’t charge OEM’s to use their software so they should continue to attract higher end brands looking to reduce costs.

On a different note

Importance of maintaining perspective. Nothing to panic about at the moment, can be defensive, but we’re not broke down.


Help me out with the SPY portion of the post. Should it trend back up? I believed so then friday killed my momentum.
 
Trend is technically up. I’d be a little more neutral overall and adding strong names on any pullbacks. Wouldn’t surprise me if we had a volatile week or just chopped in a range.
 
From this week’s barrons article about SPAC’s

Virgin Galactic’s chairman, Chamath Palihapitiya—an early executive at Facebook  (FB) who founded the Social Capital venture-capital fund—is back for more. In late April, while the traditional IPO market was shuttered, he raised two additional SPACs: Social Capital Hedosophia Holdings II  (IPOB), with $414 million in IPO proceeds to seek technology investments in the U.S., and Social Capital Hedosophia Holdings III (IPOC), which raised $828 million to target tech companies abroad

gonna keep an eye on those two since I respect chamath.
 
Help me out with the SPY portion of the post. Should it trend back up? I believed so then friday killed my momentum.

The worst thing you should have right now is a bias, follow price and let plays come to you. Calling yourself a bull or bear, especially in this market is a good way to get blown up. The market isn't going to rip straight up, gap fills and pull backs are healthy along the way.

I think things will get interesting once the $600 extra cushion on unemployment runs out but it's incredibly hard for me to bearish through November. If Trump loses, I would not at all be surprised if he pushes the same rhetoric he did before he was elected to try to sabotage markets. I also don't trust Powell at all, big time Trumper.

 
Reallocation shock is going to be the issue ahead. Once the furloughs are done and people reopen and go back to work things will continue to rebound, but the jobs that were lost because businesses closed down are going to linger and that’ll be the issue the fed has to traverse.
 
Reallocation shock is going to be the issue ahead. Once the furloughs are done and people reopen and go back to work things will continue to rebound, but the jobs that were lost because businesses closed down are going to linger and that’ll be the issue the fed has to traverse.

i think the fed screwed themselves HARD. they threw everything they had on the first wave. locked in 0% interest so theres no wiggle room to go negative (possibly). all they got left is massive money printing.
 
i think the fed screwed themselves HARD. they threw everything they had on the first wave. locked in 0% interest so theres no wiggle room to go negative (possibly). all they got left is massive money printing.


"こんにちは B*tches!!!" Ben Bernake-san

Think Japanonomics 2.0. They've "managed" a 20 yr downturn, recessions within recessions, central banks buying ETFs, Shares, Printing, Negative Rates...etc.

JPow...worth $50M - $120M...Carlyle Group Exec...will protect our Markets.
 
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